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Stock Market & Financial Investment News

News Breaks
April 7, 2014
04:55 EDTARRS, ARRS, ARRS, ETM, ETM, ETM, MEG, MEG, MEG, EVC, EVC, EVC, GCI, GCI, GCI, TIVO, TIVO, TIVO, CBS, CBS, CBS, SALM, SALM, SALM, SSP, SSP, SSP, DIS, DIS, DIS, RENT, RENT, RENT, P, P, P, CMLS, CMLS, CMLSNoble Financial Capital Markets to hold a forum
Noble Financial Forum is being held in Las Vegas on April 7-9.
News For ARRS;P;RENT;DIS;SSP;SALM;CBS;TIVO;GCI;EVC;MEG;ETM;CMLS From The Last 14 Days
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December 10, 2014
11:36 EDTGCIGannett sees Q4 EPS $1.00-$1.02, consensus $1.02
Gannett executives at the UBS Global Media and Communications Conference provided an update on the company's ongoing strategy and gave guidance. CFO Victoria Harker said, "Based on the trends we currently see, we estimate fourth quarter EPS to be in the range of $1.00 to $1.02."
10:00 EDTDISOn The Fly: Analyst Downgrade Summary
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09:14 EDTPPandora price target lowered to $24 from $30 at Credit Suisse
Credit Suisse lowered Pandora's price target to $24 to reflect marketing spend and platform fees paid out to Google and Apple for Pandora One. Shares are Neutral rated.
08:04 EDTSSPE.W. Scripps and ABC complete new five-year affiliation agreement
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07:53 EDTSSP, GCI, CMLSUBS to hold a conference
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07:39 EDTTIVOBMO Capital to hold a conference
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07:01 EDTRENTRentrak granted patent based on 'Stickiness Index'
Rentrak announced that it has been granted another a new patent by the U.S. Patent and Trademark Office. U.S. Patent No. 8,904,419, issued on Dec. 2, revolves around a process to prove which TV shows have the most engaged viewers based on a "Stickiness Index." The more time spent viewing, the more likely a viewer is to remember advertising. The Stickiness Index is used in Rentrak's TV Essentials system, as well as in weekly reports.
06:25 EDTDISDisney downgraded to Hold from Buy at Topeka
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December 9, 2014
15:03 EDTCBS, DISDiscovery Communications rises after CEO sees outperforming U.S. peers
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11:11 EDTDISDiscovery, Hulu announce new distribution agreement
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07:32 EDTEVCUBS to hold a conference
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07:22 EDTRENT, PBMO Capital to hold a conference
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06:48 EDTDIS, CBSAnalysts say Netflix undermining TV ad revenue, NY Times reports
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December 8, 2014
14:44 EDTEVCEntravision management to meet with Sidoti
Meeting to be held in New York on December 10 hosted by Sidoti.
10:46 EDTPPandora calls active on renewed takeover speculation
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10:36 EDTPRumor: Pandora moves up on renewed takeover chatter
10:00 EDTCBSOn The Fly: Analyst Initiation Summary
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08:56 EDTETMLincoln National to sell LFM to Entercom Comm for $105M plus working capital
Entercom Communications Corp. (ETM) announced that it has entered into a definitive agreement to acquire Lincoln Financial Media, or LFM, from Lincoln Financial Group (LNC) for $105M plus working capital. The transaction is subject to FCC and other customary regulatory approvals and closing conditions. The company expects that the deal will close in 2Q15. The agreement includes fifteen radio stations in the Atlanta, Denver, Miami and San Diego markets, and it will expand Entercom’s station portfolio to more than 130 stations in 26 markets. The $105M purchase price will be paid in the form of $77.5M in cash and $27.5M in new perpetual cumulative convertible preferred stock that will be issued to Lincoln. Entercom expects to finance the cash portion of the purchase price through a combination of its existing $50M revolver, cash on hand, and through other financing sources, if necessary. Entercom anticipates that it will begin operating the LFM stations under a time brokerage agreement which is expected to commence in late January following the usual Justice Department regulatory review. In order to comply with the FCC’s station ownership limitations, the Company plans to divest one FM station in the Denver market.
07:23 EDTRENT, CBS, TIVOUBS to hold a conference
42nd Annual Global Media & Communications Conference is being held in New York on December 8-10 with webcasted company presentations to begin on December 8 at 8 am; not all presentations may be webcasted. Webcast Link
December 7, 2014
12:26 EDTCBSCBS, DISH reach content carriage agreement
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